Photos: Inside the Versace Mansion

Dubbed Casa Casuarina, the Versace Mansion ties the Los Angeles Fleur de Lys mansion as the highest-priced home for sale in the U.S.File
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The Versace Mansion in Miami has been sold for $41.5 million. to VM South Beach LLC.File
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The mansion was built in 1930 by Alden Freeman who was an architect and philanthropist with connections to the Standard Oil fortune. He modeled the home after the Alcazar de Colon mansion in the Dominican Republic. Alcazar de Colon was the home of the son of Christopher Columbus and the oldest existing house in the Western Hemisphere. After Freeman died in 1937 the home was purchased by Jacques Amsterdam, who called it The Amsterdam Palace. From 1937 until 1992 when designer-to the-stars (think Madonna, Princess Diana and Cher) Gianni Versace purchased the property, the home was somewhat of a crash pad for various hipsters and intellectuals, and the estate's upkeep was spotty.File
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According to some people, the bronze statue just inside the front gate is worth about $19 million.File
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Each of the hotel's suites has its own theme. A combination of Versace's and Loftin's art collections are prominent throughout Casa Casuarina.File
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Casa Casuarina is situated in the heart of the trendy South Beach neighborhood of Miami Beach.File
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Each of the hotel's suites has its own theme. A combination of Versace's and Loftin's art collections are prominent throughout Casa Casuarina.File
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Each of the hotel's suites has its own theme. A combination of Versace's and Loftin's art collections are prominent throughout Casa Casuarina.File
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Casa Casuarina is one of the largest mansions in Florida with 19,000 square feet, 10 bedrooms and 11 bathrooms.File
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After Versace's death, Casa Casuarina was purchased by telecommunications millionaire Peter Loftin at a bargain price of $19 million for the property and most of the home's art. Loftin later leased the home to Barton G Weiss and his Barton G Group who operate it as a very expensive boutique hotel with 10 suites. Rates start at about $900 per night and go up to over $2000. It is one of South Florida's most popular tourist stops with a never-ending lineup of vacationers posing for pictures on the front steps where Versace died.File
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Versace bought The Amsterdam Palace and an adjacent lot in 1992 for almost $10 million, and then spent millions to restore the home to its former glory. He added a 6,100 square foot south wing, a mosaic-covered courtyard, frescoes on the home's walls and ceilings, and a gold-lined swimming pool with over one million hand-laid mosaic tiles. Versace invested about $33 million in the place and renamed it Casa Casuarina. Versace died in 1997 when serial killer Andrew Cunanan shot him twice in the head on the estate's front steps.File
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The $125 million price tag is high, but it is a one-of-a-kind property in a location that is popular with wealthy potential buyers throughout the world. Russian billionaires have been particularly active in the Florida market in recent years. Vladislav Doronin from the Moscow-based Capital Group bought Shaquille O'Neil's Miami Beach home last year for $16 million, and Roustam Tariko from Russian Standard Vodka paid over $25 million for another Miami Beach estate. Russia's Dmitry Rybolovlev bought Donald Trump's Palm Beach mansion in 2008 for $100 million.File
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